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USD/JPY Technical Analysis: US Dollar bulls happy to bounce to 113.80 level as the market find support at the 100-period simple moving avearge

USD/JPY 4-hour chart 

  • USD/JPY is trading in a bull trend above the 200-period simple moving average (SMA) on the 4-hour chart. 
  • USD/JPY has found some strong support above 113.00 figure and at the 100 SMA. 
  • USD/JPY is set to trade up to the 113.60-80 level as bears have lost considerable steam.

Additional key levels at a glance:

USD/JPY

Overview:
    Last Price: 113.45
    Daily change: -5.0 pips
    Daily change: -0.0441%
    Daily Open: 113.5
Trends:
    Daily SMA20: 113
    Daily SMA50: 112.72
    Daily SMA100: 111.98
    Daily SMA200: 110.1
Levels:
    Daily High: 114.02
    Daily Low: 113.3
    Weekly High: 114.1
    Weekly Low: 112.94
    Monthly High: 114.56
    Monthly Low: 111.38
    Daily Fibonacci 38.2%: 113.57
    Daily Fibonacci 61.8%: 113.74
    Daily Pivot Point S1: 113.19
    Daily Pivot Point S2: 112.88
    Daily Pivot Point S3: 112.47
    Daily Pivot Point R1: 113.92
    Daily Pivot Point R2: 114.33
    Daily Pivot Point R3: 114.64

 

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